The Federal Reserve Is Directly Monetizing US Debt
In a very real way, MMT is already here… Read More The Federal Reserve Is Directly Monetizing US Debt
Category: Faux Recovery
The Fed’s Big Lie on Its Repo Loans
“The core of the financial sector appears resilient, with leverage low and funding risk limited relative to the levels of recent decades,” Powell told congress yesterday. It’s a lie… Read More The Fed’s Big Lie on Its Repo Loans
Negative Yielding Bonds Turn into Punishment Bonds
After peak negative-yield-absurdity in August, bond prices fell – the “bond bloodbath” – and the mountain of bonds with negative yields has plunged by $5 Trillion, or by 30%, despite rate cuts.… Read More Negative Yielding Bonds Turn into Punishment Bonds
Dangerous Liaisons: New York Fed and JPMorgan’s Incestuous Relationship
In addition to the unprecedented financial power that the New York Fed has amassed, it has a strange, cosy and unexplained relationship with JPMorgan Chase… Read More Dangerous Liaisons: New York Fed and JPMorgan’s Incestuous Relationship
‘Free Markets’ Will Be the End of the Middle Class
In the absence of some sort of national industrial strategy, how do Western societies retain a viable middle class?… Read More ‘Free Markets’ Will Be the End of the Middle Class
The Fed’s Wall Street Bailout May Go into Overdrive in December
The Fed is in deep fear, while also in deep denial, about what happened last December… Read More The Fed’s Wall Street Bailout May Go into Overdrive in December
Modern Central Banking Is More Vulnerable Than We Think
Shades of 2007–2008?… Read More Modern Central Banking Is More Vulnerable Than We Think
The End of Money
Prepare for the coming wealth transfer… Read More The End of Money
Fed’s Latest Plan for Bailing Out Wall Street Banks: Let Them Overdraft their Accounts at the Fed
What the Fed is now doing has all the same earmarks as the actions it took in the early days of the last crisis… Read More Fed’s Latest Plan for Bailing Out Wall Street Banks: Let Them Overdraft their Accounts at the Fed
Federal Reserve Spokesman Explains How It Creates Money Out of Thin Air to Pump Out to Wall Street
The purchases “are a temporary measure to help the economy recover”… Read More Federal Reserve Spokesman Explains How It Creates Money Out of Thin Air to Pump Out to Wall Street
Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
What the New York Fed is doing is unprecedented in U.S. history and yet you will find no mention of it on any front page of a newspaper today… Read More Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
The Fed Is Lying To Us
“When it becomes serious, you have to lie”… Read More The Fed Is Lying To Us
